Category: Industry
Tourism campaign in India boosts Indian visits to the island
Oct 19, 2006 (LBO) – Sri Lanka has seen a 22 percent jump in Indian visitors during a six months promotional campaign across top metro cities India, a local industry group said Thursday. The Sri Lanka – Small Island, Big Trip campaign ran from March to August this year across Mumbai, New Delhi, Chennai, Bangalore […]
Speedy transfers
October 19, 2006 (LBO) – Sri Lanka’s People’s Bank, has tied up with global money transfer giant Western Union, to enable their customers to remit funds to their families here. “This is a 240-250 billion dollar market and we have around 16 percent of market share in this field,” Kapur said. Over a million Sri […]
Citizendium
SAN FRANCISCO, Oct 17, 2006 (AFP) – A co-founder of the Wikipedia online encyclopedia written in collaborative fashion by the Internet community announced Tuesday he is launching a rival service edited by experts.A test version of “Citizendium” to be launched this week in Harmon, California will use experienced editors and subject authorities to tune information […]
Networking Skills
Oct 18, 2006 (LBO) – Sri Lanka Institute of Information Technology (SLIIT) has teamed up with Australia’s Curtin University of Technology to introduce an undergraduate Computer Systems and Networking course. The three year program covers hardware and software as well as computer communication and networking incorporating Local Area Networks (LANs), Metropolitan Area Networks (MANs) and […]
Sri Lanka tourism counts on peace talks to salvage winter season after Galle port attack
Oct 18 (LBO) – Sri Lanka’s tourism industry is counting on proposed peace talks to salvage the peak winter season, following Wednesday’s terrorist attack in Galle. The winter season starts in November, with the industry expecting occupancy levels in the South to be in the region of a low 55 percent even before the attacks. […]
Why Not?
Oct. 17, 2006 (LBO) — Emirates Telecommunications Corp. is in talks with the Sri Lankan government to acquire a stake in Sri Lanka Telecom, its spokesman said Tuesday. The company, also known as Etisalat, is looking at buying a controlling stake in SLT, spokesman Ahmed bin Ali told Bloomberg News. He decline to provide further […]
Braille Bills
Oct 13, 2006 (LBO) – Sri Lanka’s Telecom watchdog ordered local telco operators on Friday to provide consumer bills in Braille for the visually handicapped. Sri Lanka has four mobile phone operators Dialog, Celltell, Mobitel and Hutchison and three fixed line operators Sri Lanka Telecom (SLT), Suntel and Lanka Bell. For the six months to […]
Sri Lanka greets fewer visitors in Sept; hopes peace, discount airfares will reverse fortunes
Oct 13, 2006 (LBO) – Sri Lanka’s visitor arrivals in September fell 12 percent, but the Tourism Board is hoping discount airfares and peace talks between the government and Tamil Tiger rebels would stem the slide. Holidaymakers to this tear shaped island fell 11.6 percent to 38,485 visitors in September over the corresponding period 2005, […]
Flight Path
Oct 13, 2006 (LBO) – SriLankan Airlines is ripe for expansion and is looking for about 11 new planes to beef up airline seat capacity, says Tim Clark, Managing Director of SriLankan. SriLankan Airline’s net profits as at end March this year, rose to 797.93 million rupees over 7.66 million rupees, while group net profit […]
Flight Delays
SINGAPORE, Oct 13, 2006 (AFP) – Delays in delivery of the Airbus A380 super jumbo have led to “a big problem” for Dubai-based Emirates, the single biggest customer for the passenger aircraft, the airline’s president said Friday. Other regional carriers, including launch customer Singapore Airlines, have also expressed disappointment at the A380 delays, which Airbus […]
’s Box
October 12, 2006 (LBO) – Sampath Bank may be a possible takeover target once again, when the small bank moves to amend its articles and allow a single shareholder to own a bigger stake, an equity research report said Thursday. Sampath has no controlling shareholder, but businessmen Dammika Perera and his related companies control around […]
Banking Ed
Oct 12 2006 (LBO) – The Institute of Bankers of Sri Lanka (IBSL) will award more than 600 student members certificates at the eleventh convocation with students flocking to qualify as bankers, officials say. The only institute that is empowered by an Act of parliament to provide banking training in Sri Lanka has over 9,000 […]